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What Are the Average 18 Wheeler Settlements? The average settlement for 18-wheelers is one of the most frequently asked concerns by those involved in truck accidents. The amount you will receive in settlement depends on a number of factors. This includes the degree of your injuries and the extent of your injuries. What to Expect from the Settlement There are a myriad of factors that affect the value of a truck accident settlement. These include the severity of your injuries, the amount of time required to recover, and loss of earnings. Furthermore, your attorney might include future medical expenses when you need ongoing medical treatment because of your accident. This is typically dependent on the testimony of medical doctors or other experts. Your lawyer will also take into account the costs of repairing or replacing any property damaged in the accident. In general, 18 wheeler settlements are more substantial than typical auto accident settlements. Truck accidents are more likely cause severe injuries than car accidents. It is not unusual for victims of truck accidents to suffer damages that range from hundreds of thousands or even millions of dollars. You will also be entitled compensation for damages that are not economic in addition to your economic losses. These are not as quantifiable losses but are equally important to your overall recovery. Non-economic losses may include pain and suffering and disfigurement or the loss of enjoyment from your life. Your lawyer will diligently to determine all of your losses and ensure that you are compensated appropriately. This could take a while especially if multiple parties share responsibility for the accident. However, a knowledgeable New York truck accident attorney can assist you in settling your claim quickly and fairly. The Case Worth Its Weight Many factors affect the value of your 18-wheeler accident case. Two primary ones are fault and damages. The importance of fault is that it determines the amount of compensation you are entitled to. In Texas the state of Texas, you're entitled to compensation if the other driver was at least 50% accountable for your accident. Your attorney may use evidence to prove that you weren't equally responsible as the other party. This could increase your settlement amount significantly. The extent of your injuries or losses will also affect your potential payout. The injuries you suffer from an accident with an 18-wheeler are often far more severe than those suffered in a car crash. This is because trucks weigh more than 80k pounds, which when multiplied by the speed of travel generates far more force than what a passenger vehicle can withstand. The most serious injuries suffered in an accident that involves a large truck may result in settlements of several million dollars or more. In addition to the medical costs of treating your injuries, you may also recover damages for the impact the crash has affected your life quality. This includes suffering as well as loss of enjoyment life and loss of companionship among other things. It is often difficult to quantify these non-economic damages however, our lawyers have years of experience providing the best possible evidence of the financial impact of your crash. How long does it take to receive an amount of money? It may take longer for a personal injury claim be settled following an accident that involved an 18-wheeler due to the severity and frequency of injuries. Your lawyer will collaborate with medical experts to determine the total extent of your injuries, including the future and present medical expenses as well as lost wages. Your settlement will also contain economic damages that are difficult to calculate. When a settlement is reached, your lawyer will prepare release forms for you to sign. Once you have completed them the insurance company will process your case and issue the amount agreed upon. The process can take anywhere from a few weeks to at least a month due to several reasons, including clerical error and delays in the mail system. The percentage of fault each party has in the incident will determine how long it will take to get your settlement. In the event that more than one party was at fault and the parties could have to discuss the responsibility for your injuries. Your lawyer will guide you through the negotiation process and assist to reach a fair settlement. If the insurance company is unwilling to negotiate with you, your attorney will be able to file a lawsuit to obtain a higher monetary settlement. What can a lawyer do to help More than 100,000 accidents that involve 18-wheelers cause injuries every year. Many of these accidents lead to settlements or lawsuits worth millions of dollars. This makes it big business for lawyers who specialize in litigating these cases. Trucking companies have teams of lawyers working all night and day to minimize the risk of claims, therefore victims must have a knowledgeable lawyer on their side. A lawyer can help them collect evidence, deal with insurance companies, and even argue their case in court to ensure that they get the most settlement possible. 18 wheeler accident lawsuit miami beach with experience will know whether other parties are accountable for compensation in addition to the trucking firm. It could be the car manufacturer, if the crash was due to defective or damaged components. This could also include a retailer, distributor or manufacturer if the vehicle has been sold or stolen without proper inspections or maintenance. An experienced attorney will ensure that all damages are properly claimed, including past and future medical expenses, lost income, property damage, emotional trauma, and pain and suffering. It is crucial to start a claim as fast as possible following the incident so that evidence is fresh and available. Also, waiting gives the trucking company and their team of lawyers time to prepare for trial and convince jurors that the victim was responsible.